HICL Infrastructure (LON:HICL) Reaches New 12-Month Low – Here’s Why

HICL Infrastructure PLC (LON:HICL)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 112.40 ($1.40) and last traded at GBX 112.88 ($1.41), with a volume of 2308151 shares. The stock had previously closed at GBX 115.40 ($1.44).

HICL Infrastructure Trading Down 2.3 %

The stock has a 50 day simple moving average of GBX 119.31 and a 200 day simple moving average of GBX 124.54. The stock has a market cap of £2.28 billion, a P/E ratio of 5,638.40 and a beta of 0.30.

HICL Infrastructure Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, November 21st were paid a GBX 2.06 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 1.72%. HICL Infrastructure’s payout ratio is 40,000.00%.

Insider Buying and Selling at HICL Infrastructure

In other HICL Infrastructure news, insider Michael Bane purchased 45,000 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were bought at an average price of GBX 115 ($1.43) per share, for a total transaction of £51,750 ($64,558.38). Also, insider Rita Akushie purchased 10,018 shares of HICL Infrastructure stock in a transaction on Monday, December 23rd. The stock was bought at an average price of GBX 115 ($1.43) per share, for a total transaction of £11,520.70 ($14,372.13). Company insiders own 0.20% of the company’s stock.

HICL Infrastructure Company Profile

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.